Understanding Mortgages in Israel

Now, more than ever, it is essential to your long-term financial health to consult with a mortgage professional.

The markets are going wild. Bad mortgages have caused the worst trouble in international markets in a century. Is your mortgage going to be any different? Are you going to get a mortgage that you can afford? What happens to your mortgage if your bank hits financial difficulties? What is your plan for paying your mortgage off? What is your fall-back position if the world's economic turmoil spreads to Israel and you need to tighten your belt?

If you go into the bank, they're going to tell you whatever you want to hear. You want to buy a 1,200,000 ש"ח apartment with only 200,000? It can be done at any bank. It shouldn't be done at any of them. Do you want to pay 3500 a month instead of 4000? No problem, incredibly stupid, but no problem.

If you google for mortgage advice in Israel, you'll find lots of sites that will tell you about how your rate can be reduced. Guess what--your rate is irrelevant!

We give our clients professional advice that goes way beyond checking who will give you a 0.10% reduction on your rate. We are unafraid to honestly tell potential clients that they are better off not buying, we do it every day.

If you've already got a mortgage, it's not too late. You aren't forced to throw bad money after good. We can fix your existing mortgage.

Rate shoppers have a fundamental misunderstanding of finance.


Rate is important, so are myriad other factors. Is shorter amortization better than longer? Is interest only a viable alternative? Should you split up your mortgage into several types? Which bank has the programs that meet your needs? There are no right and wrong answers. only alternatives that are appropriate for one client and not appropriate for another.

Any amateur can put up a fancy web site. Only professionals can give you the advice that will save you 100,000's.

Oded Krantz

With more than 17 years experience as branch manager at the Tfahot Mortgage Bank, Oded Krantz is an expert in mortgage preparation and approval, with the know-how to present applicants to the bank in the best possible way.

Ariel Vered

Ariel holds a M.Sc degree in Agricultural Economics from the Hebrew University of Jerusalem, Israel's premier academic forum where economic theory and financial realities meet. In the past, Ariel has worked in the mortgage industry in the United States. Ariel has been offering professional mortgage advice in Israel for seven years.
Ariel writes timely pieces about the mortgage industry and Israeli mortgages on his Israeli mortgage blog. Ariel also writes a Hebrew mortgage blog.

Independent mortgage advice

As experienced mortgage professionals, we have the knowledge and financial services expertise to find you the loan programs most suited to your family's needs, also with the lowest rates and the best possible terms. We take the hassle out of organizing your finances and help at every step of the mortgage process.

We are Israeli Mortgage Professionals. Don't even consider going into a bank before you talk to us.